Reference Capacity Price definition

Reference Capacity Price. An index of NYISO Capacity Market prices for the Applicable Zone calculated as set forth in Section 4.01 of this Agreement.

Reference Capacity Price bears the meaning ascribed thereto in Section 13.1(a) ; “Reference Date” means [insert date, 2010]5;

Reference Capacity Price. A broad index of NYISO Capacity Market prices for the coastal and near-coastal zones of New York State calculated as set forth in Section 4.03 of this Agreement.

Examples of Reference Capacity Price in a sentence

• NYSERDA may (and, at the request of Seller, shall) review past invoices, including, but not limited to, the calculation of the Reference Energy Price and Reference Capacity Price, to determine if a true-up adjustment is necessary.

• The monthly Reference Price is the sum of the Reference Energy Price and the monthly Reference Capacity Price, as described in Section4.1.2. Proposers of Projects that include hydropower Resources must submit a firm offer price that includes the Supplier Energy Baseline and a firm offer price both with and without the Supplier Energy Baseline as determined through Step One.

• The monthly Reference Price is the sum of the Reference Energy Price and the monthly Reference Capacity Price, as described in Section 4.1.2. Each Proposal should be priced assuming that the Project will operate in a dedicated radial configuration.

• The Monthly OREC Price will be calculated during a settlement period following the conclusion of each month according to Section 4.04 of the Agreement.The calculation of each month’s Reference Capacity Price will be based on a Reference UCAP Price, as defined in Section 4.03 of the Agreement.

• As was required in the Index REC Order, for future Fixed-Price OREC bids that are ultimately awarded a contract, NYSERDA is directed to include provisions in those contracts to allow for modification to the OREC price in order to address any double payments in the event that the generator is otherwise compensated for its renewable attributes.The Reference Energy Price and Reference Capacity Price used in calculating the Index OREC shall also conform with the Index REC Order.

• See Section 8.3.3. SPIndex = Index REC Strike Price ($/MWh) REP = Reference Energy Price ($/MWh) RCP = Reference Capacity Price ($/MWh)MF = Mitigation Factor (%), defined in Section 4.01 of the Agreement Each month’s Index REC Strike Price shall be as offered in the Bid Proposal for the relevant Contract Year, with the same Index REC Strike Price applied for every month of the Contract Tenor.

• The Joint Utilities believe that this would create the potential for arbitrage where the developer would have an incentive to establish a lower Reference Capacity Price in order to receive a higher Index REC price.

• She observed that travel restrictions instituted to fight the Covid-19 pandemic had adversely impacted mobility had been within Africa in both land and air travel with negative effects on trade and tourism.

• Under the Index OREC pricing structure, the OREC price varies monthly and is calculated as the Index OREC Strike Price minus the sum of the Reference Energy Price and the Reference Capacity Price, as described in Section 4.1.2.Each Proposal should be priced assuming that the Project will operate in a dedicated radial configuration.

• Reference Capacity Price The reference capacity price for the Index REC should be calculated in the same manner as the reference capacity price for the Index OREC42: as the product of (1) the reference UCAP price ($/kW-month) for the zone in which the project is located, (2) the project’s CES-eligible installed capacity (MW), and (3) the project’s UCAP production factor (decimal fraction), divided by (4) the monthly production (MWh).

More Definitions of Reference Capacity Price

Reference Capacity Price or “RCP” – means, for each Contract Year, the price, stated at Bid Date values, to be paid by BPDB to the Company for one unit of the available Dependable Capacity pursuant to the terms of the PPA, as further explained in Section A, Article 5 and as set out by the Bidder in Annex D, Exhibit II, Table B-2.

Reference Capacity Price bears the meaning ascribed thereto in Section 13.1(a) ;

Reference Capacity Price. An index of Zone J Capacity Market prices calculated as set forth in Section 4.03 of this Agreement.

Reference Capacity Price means the rate, in US$/MWh, payable to the Company for providing generating capacity, which rate shall (whether or not such rate actually compensates the Company for providing such capacity) be as set forth in Annex A to this Schedule. The Reference Capacity Price shall remain constant over the term of this Agreement unless amended by the Parties.

Reference Capacity Price. An index of NYISO Capacity Market prices for Zone J calculated as set forth in Section 4.02 of this Agreement.

Reference Capacity Price means a price, measured in